In this paper, we study consumer search in a housing market subject to objective frictions induced by intermediaries and psychological frictions intrinsic to in tenants themselves. Using rental data from a leading real estate brokerage company during 2016 and 2018, we find a unimodal...

In this paper, we consider a housing market subject to objective and psychological search frictions. Using rental data from a leading real estate brokerage company during 2016 and 2018, we find a normal distribution of objective frictions and a bimodal distribution of subjective frictions, which...

We use the short-lived, but high-profile, China Top Brand Award to examine the causal effects of nonmonetary awards on firm innovation. To do so, we create a panel dataset by matching official China Top Brand Award recipients to the innovation outputs of listed companies. Results from...